I just don't know how "progressives" can reconcile proof of work. No matter how it's sliced or rebranded, the basic premise of "progressives" is socialism, which is taking from one group (the producers) and giving to another group (the non-producing receivers). All that verbiage like a more "just and equitable" world is just framing and marketing of this basic premise. And, this premise is fundamentally the opposite of how bitcoin works.

<paste this on the "change my mind" meme>

To get space and use the chain, Hive uses "Resource Credits" (RCs). RCs are like gas or mana on other chains. A newcomer is gifted a small bit to get started and people are happy to delegate plenty of RCs to anyone generally interested in starting.

Then, as you earn rewards by posting/interacting/etc, your own RCs begin to recharge on their own. It's like a solar charging battery, you use the charge when you do stuff, but then it recharges gradually (if that makes sense!).

There are no fees to post on Hive. Unlike ethereum with gas, or most chains, Hive is free to post, comment, etc, which is really nice.

It is indeed an altcoin/blockchain. It's the old Steem, the one Justin Sun tried to take over. The use cases here as I see it:

. reach out to other places and try to get more nostr users . nostr notes get immutably posted onto the hive blockchain . persistent, chronological links . for nostr and bitcoin maximalists, you do earn HIVE or HBD rewards on Hive with each upvote there, they can easily be converted into sats

It's not ethereum, and has a different model. Hive started in 2017 so it's been around a while.

How was my nostr explanation to another user in that thread?

Understood, safety first.

Heh! Fair question. https://hive.io

Shapeflation right there! To me, it's kind of even more sinister than just making the candy bar smaller.

Of course. But, does everyone judiciously check that for every product and do the price per ounce tabulation? And the historical price per ounce chart? I love the stores that have the price by per ounce, helps me find the most economical product. Yet that still doesn't tell me what that per ounce price was last year.

Plan to read both, then check this article at some point too. thanks

That's exactly the plan, thank.

I will read that one for sure. Got Snow Crash at the library yesterday, so I'll do that one first just because it's in hand.

You scarin' me.

Thanks. I'm think I'm starting to get it a bit...on the custodial spectrum, has done tradeoffs

Thanks for the info. I still don't quite get it, sounds like it's on the custodial spectrum to me from bitcoin...ln...spark...liquid...ecash